Georges Elhedery
Georges Bahjat Elhedery (Born, March 5, 1974) is a French banker, engineer and executive. He currently serves as HSBC Group Chief Executive Officer (CEO) since September 2, 2024, replacing Noel Quinn.[1][2][3]
Georges Elhedery | |
|---|---|
 | |
| HSBC Chief Executive Officer | |
| Assumed office September 2, 2024 | |
| Preceded by | Noel Quinn |
| Personal details | |
| Born | Georges Bahjat Elhedery March 5, 1974 Beirut, Lebanon |
| Nationality | French |
| Occupation |
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Biography
changeElhedery was born in Beirut, capital of Lebanon, in 1974 and grew up there as a child. His father worked in a retail bank and his mother was a teacher. Years later, Elhedery's family moved to France. He studied engineering at the Polytechnic School of Paris, which is the main engineering university in France. During his studies, Elhedery also interned on the trading floor of a French bank.
After graduating from university, Elhedery studied a postgraduate degree in the Master's Degree in Statistics and Economics at the National Institute of Statistics and Management (ENSAE). Later, he worked at BNP Paribas and Goldman Sachs in London. Before leaving Goldman Sachs, he served as head of structural interest rates and inflation operations in Europe, the Middle East and Africa.
Career
changeHSBC
changeFrom 2016 to 2019, Elhedery served as CEO of HSBC in Middle East, Africa and Turkey. In March 2019, he became global head of capital markets. In December 2019, Elhedery was appointed as co-head of global banking and capital markets, responsible for HSBC's investment banking business. He and another co-director, Greg Guyett, were appointed by the group's then interim chief executive, Noel Quinn, to take over in order to turn around some of HSBC's underperforming global businesses in the last few years.
CEO
changeIn July 2024, HSBC announced that Elhedery was appointed as the group's new CEO, replacing Noel Quinn, who retired from the role. Elhedery eventually took over on 2 September.
Personal life
changeElhedery is fluent in Arabic, French, English, German and Spanish, and briefly learned Mandarin out of curiosity. He is also a snowboarder and has a pilot's license.